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over to ramin standing by for us at the tokyo stock exchange. we saw big losses across the board for stocks globally last week. what's expected this week. >> good morning. there's some concerns for global stocks, and we see their concerns about the so-called fiscal cliff, of course, in the united states. a combination of tax increases exami and spending cuts and could push the u.s. economy into a recession as all eyes are on how that develops. here in japan, too, the nikkei was down 3.75% last week, so we saw that play into the markets as well. the gdp figure is coming at 0.9% for the july-to-september period. we'll see how that is translating into the opening levels. let's go to the opening levels for the nikkei and topix for many monday, november 12th. both indices are down by half a percent there. the nikkei closed out last week at a four-week low as the yen gained against the dollar and euro. the japanese currency rose. really investors shifting money into yen-based assets and the higher yen weighing on export issues. this is at a time when many japanese corporations are rele
's no way for us to gauge how corrupt the system is, the party is there. basically, he is telling people -- get things in order behind closed doors or else the whole thing is going to blow up. >> possibly, yes. what china's leadership has learned is that tiny little events may have a major impact internationally but also in certain countries. look at northern africa and egypt, tunisia. they have studied these processes very intensely, and they know -- they have roughly 100,000 incidents of social unrest a year. >> what do we expect -- what are you expecting from the new leadership in terms of foreign policy? >> mostly a continuation of policies as we have seen the mayan past. china's major priority to stability in as regional environment but also globally. china needs stability in order to promote economic policies. >> thank you very much for coming in to talk with us. >> you are welcome. >> we will also have a look at the politically sensitive topic of rich and poor in china, a gap that has widened over the past 10 years, coming a little bit later in the program. moving on to syria -- "
pressure on russia, china and iran to stop supporting this regime, and then this would be useful, or supporting militarily the opposition or the interfering by the nato to make free zone and no-fly zone. >> reporter: russia and china have repeatedly vetoed u.n. security council resolutions on imposing sanctions against syria. without their support, the international efforts can only put limited pressure on president assad. diplomats here are still hoping their efforts will help in some part to end the conflict in syria. however, after 20 months of violence, they've learned getting peace will take time. akira saheki, nhk world, tokyo. >>> satellite images show north korea could be preparing to launch another rocket. researchers at johns hopkins university in the united states say they have observed the first two stages of what appears to be a long-range missile. these images of the launch site in tongchang-ri on the west coast of north korea were captured on monday. researchers say they show trailers carrying the first two stages of a three-stage rocket. they say north korean offi
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